Question

Under the financial market framework's trading eligibility criteria, what is the operational consequence for an entity that lacks a valid LEI?

A It faces a 5% credit conversion premium charge on its transactions
B It is assigned a temporary interim foreign code for up to 90 days
C It is completely barred and ineligible to execute trades or transactions in regulated markets
D It must route its financial transactions through a middle-layer NBFC
E Its operations are subject to a direct audit by GLEIF
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